| 2003 | 2002 | 2001 | |
| ABS (Public and 144A) | 298,130 | 246,202 | 212,939 |
| ABS (Public and 144A excluding CDOs) | 278,518 | 217,103 | 184,827 |
| ABS (Public Only) | 245,955 | 193,465 | 156,313 |
| ABS (144A Only) | 52,176 | 52,737 | 56,626 |
| Non-Agency MBS | 176,176 | 114,752 | 95,622 |
| Agency MBS | 325,511 | 286,711 | 154,398 |
| CMBS | 37,647 | 27,030 | 33,121 |
| Source: Thomson Financial | |||
The industry association said total multifamily mortgage debt alone increased by $23 billion, or 1% in Q1, representing a $2.32 trillion increase from Q4 2025.
The bank is following in the footsteps of Goldman Sachs, which made a similar move in April.
The A1A through A1-LCF tranches are expected to offer coupons of 5.84%, while mezzanine and subordinate coupons include 6.58% and 6.64%.
A potential end to the Iran War could lead to economic recovery, suggesting sub-6% rates may be far off as monetary policy discussions take a hawkish tone.
The decline in non-owner occupied acquisitions came as sales fell overall due to high mortgage rates and bad winter weather in the Northeast, BatchData said.
All the loans are interest-only during both their initial and extension terms, but third-party secured overnight financing rate (SOFR) cap agreements provide interest rate protection.
